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Search Results 0 to 26 of about 27 (some duplicates have been removed)
can be averted. if democrats and republicans can come to an agreement on the big fight that's been, frankly, smothering american politics for weeks now. president obama announced earlier today that he wants to see a deal done by tomorrow on the big debt ceiling fight that has consumed every bit of oxygen in d.c. for the last few months. the president saying tonight that congressional leaders are on the clock. they have 24 to 36 hours to get a deal done. as planning a vote that the u.s. government should not default on our debt and shut down, comes down to the wire, we are now inching close enough to the edge here that two of the world's major credit rating agencies have warned that our national credit rating may be downgraded as a result of this standoff. the day that the u.s. would actually hit the debt ceiling and start going into default and shutting down is august 2nd but this does mean we have until august 2nd before we lose our national credit have until august 2 before we lose our national credit rating. that could just happen right now. because of the uncertainty and becaus
, even alien invasions, but this is the big one, folks. increased traffic on two off-peak days. you know what that means, someone might have to walk someplace. [laughter] think of the children. pray for them. i certainly hope los angeles survives because i've got to be out in l.a. or the big angel, as they say, in just a couple months. i don't want to but it's business because this morning i got nominated for an emmy. [cheering and applause] yep. yes. this is what they look like in person. [audience chanting "stephen"] yes. [cheering and applause] i see these people on the red carpet. now i've already got two for the show, so this could possibly lead to an emmy three-way. see. they're all girls. i checked. [laughter] now, "the report" is nominated for best directing, best writing and best late night show. unbelievably we were once again snubbed for outstanding achievement in prosthetic make-up. people just don't realize that under this i'm like admiral ackbar. [laughter] but for the first time, i was nominated twice in the same category, first for "the report," and then again for late ni
have a big jump in revenue. obama has been saying let's thai the bush tax cuts are going to lapse and we are going to extend the ones for the middle class. republicans are afraid to let him do that up front. it would kill momentum for a tax reform. >> but, but, but why just get rid of the bush tax cuts. if they are so awful, why not get rid of all of them. get rid of all of them for everybody. if tax cuts are the worst thing ever, the bush tax cuts, get rid of the bush tax cuts for everybody and raise billions in revenue. >> right. i think we could probably figure it out sitting around the table. i don't think it's that difficult. they are locked in in political terms. it's a much different issue to them. you can make rational compromises and deals here. the problem is, how do they do it. what's happening is they are at the point where they realize the consequences. at some point, they realize they have to do something other than hold the ground saying this is it. we're not going to change anything. we are at that point and we have little time to work with. >> howard dean, look wh
street is worried about washington. late wednesday moody's one of the big three credit rating agencies warning it might have to lower the rating if lawmakers don't come to an agreement on raising the debt ceiling. in the statement it said the action was prompted by the possibility that the debt limit woil not be raised in time to prevent a missed payment on u.s. bonds with a small but rising risk of ashort-lived default. economists say if the aaa rating is lowered it will throw the financial markets into chaos and the cost of borrowing would go up to everything from morlts to car loans. ben bernanke warned. >> i think the worst outcome if we don't raise the limit, at some point we default on debt and that would create as i said before, a huge financial calamity. >> reporter: sources say the president knew about the moody's warning as he headed into wednesday meeting which all sides describe as tense. republican majority leader eric cantor cited the president as saying i have reached my limit. he left saying i'll see you tomorrow. the two sides couldn't even agree about what happened in
if there is a chance to put this big deal back together that he and speaker boehner were very close to having this deal last week, that in many ways this speech was almost a post-mortem, almost setting up the blame game for the fact that no big deal is going to happen and no matter what happens here at the end of the day the debt ceiling is probably going to go up, nobody is going to be happy about the deal. i can tell you this, ann, i had a bunch of democrats who said to me would have been a good speech to give two weeks ago. >> i know that he calls republican activism, so much so that we hear capitol hill websites were crashing last night because so many people were trying to e-mail representatives. it sounds like he spooked main street. will he also speak wall street? >> no, wall street is calm. the markets are looking good today. we had a blip down in the indicators from 9:05 and 9:20, then i came right back. nobody is buying the panic or skyrocketing interest rates scenario. >> that said, hedge funds are prepare for a default. >> there's a possibility that we could default. it will be short term.
shayuth was a star athlete at her high school. she had big dreams to go off to a big college. last night, those dreams came to a halt. >> she was the most beautiful -- >> is before midnight, her parents say she was riding with her best friend, lexie harbord. they were coming from her boyfriend's house driving around a sharp turn. they crashed into a tree. >> she loved life. she loved everybody. >> neighbors say she ran out of the car screaming. a 75-year-old woman came to her aid. she kept crying that she had killed her best friend. >> just pray to god for help. she said, i never believed in god. would you please pray for me? >> together, they dropped to their knees on the front lawn. all night she grieved on her twitter page. please come back, i miss you. i will never forgive myself. later -- shortly before she passed, she talked about her best friend on her own page. this afternoon, family members choked back tears to share how they would like jacqueline shayuth to be remembered. >> police say this had nothing to do with drugs or alcohol. it was really dark and returned here are extrem
connell is also catching flak. presidential candidate newt gingrich called it an irresponsible surrender to big government and continued overspending. are the republicans handing the president a hot potato or a blank check? we'll have more on that. first, here are the other stories we're looking into tonight. the ultimate game of hide and seek. the cia in pakistan using dna to track the most dangerous terrorist in the world. >> sounds like it's straight out of a spy novel. >> but the story is fact not fiction. and republicans held hostage by the tea party. i'll ask one of their leaders, dick armey, will their hard-line position on the debt ceiling take down the gop, along with the rest of the country? then off with his head. in england, that's how parliament once dealt with the king. now they're after the head of another great empire. will rupert murdoch keep his crown? we'll discuss that later. now back to the top story, the partisan gamesmanship ramping up in debt ceiling talks. did they accomplish anything tonight? >> i wish i had a different answer than i had last night but again no breakth
found this really interesting. many people say that suggests these online pharmacist could be a big factor in the prescription drug problem overall. for one second i want to show you some numbers as to how big a number we're talking about here. . according to the national institute on drug abuse about 7 million people using prescription drugs for non-medical reason. in 2009 ant 3% of the population. nearly one in 12 high school seniors report non-medical use of vicodin. one in 20 say they used oxycontin. what's interesting, drew, is that 59% of those high school seniors also say they got the drugs from a friend or a relative. which brings up another question. as you've been pointing out in your reports, it's so easy to buy these drugs online. but if the pharmacies start to shut down, can people get term from their family or friends pretty easily? >> they certainly will. but i think it's the proliferation of the ease of getting these drugs. and even people who want these drugs, let's say a doctor predescribes them. but the prescription runs out. they're addicted. they want to keep it
sticking point is this issue of raising the debt limit, large enough, big enough, so that it gets us through 2012, gets us into the spring of 2013. right now, of course, the boehner bill and what republicans were supporting would have this debt limit come to another vote in the next -- >> at this point in time -- >> harry reid wants to do is simply figure out a way to satisfy the second round of deficit reduction, create a stronger trigger potentially, whatever he can come to, to get more republicans to support his way in order to get this debt limit passed 2012. i think he's going to come to an agreement. the question is, how big of an agreement is it? is it an agreement that barely gets the eight republicans he wants? or does it get 20 republicans and sends a strong, bipartisan message to make sure this thing doesn't get gummed up again in the house. >> does he have a dance partner in terms of a republican willing to negotiate? >> reporter: he's got a few dance partners potentially, but right now he's not working very well with mitch mcconnell. that's not clear. but don't be surpri
still to acquire that taste. >> you don't like guinness? >> no, i'm not a big fan. not a bag fan. >> that's sacrilege. >> it would either be core na or heineken. >> a lot of people know there's been trouble in northern ireland over the years. growing up there, what was it like for you? >> personally i've never seen the violence. i grew up in a very quiet town called hollywood just outside belfast. the only thing in terms of trouble was on tv, on the news. you know, i never experienced it firsthand, so i -- you know, if anyone ever asked me about northern ireland and the troubles, i mean i can't really say to them what it's like because i've never actually seen it, you know. so it's just -- it's a pity that these things are put on the news. i'd rather see northern ireland portrayed in a more positive light. >> it's a lot more peaceful there now. there's still incidents occasionally, but certainly when i grew up, it was a lot more violent. there seems to be a sense that northern ireland has come through that dark period. one of the reasons, i think, is that some of the sportsmen li
embracing the cloud-- big clouds, small ones, public, private, even hybrid. your data and apps must move easily and securely to reach many clouds, not just one. that's why the network that connects, protects, and lets your data move fearlessly through the clouds means more than ever. introducing the schwab mobile app. it's schwab at your fingertips wherever, whenever you want. one log in lets you monitor all of your balances and transfer between accounts, so your money can move as fast as you do. check out your portfolio, track the market with live updates. and execute trades anywhere and anytime the inspiration hits you. even deposit checks right from your phone. just take a picture, hit deposit and you're done. open an account today and put schwab mobile to work for you. and i count on social security. here's what i'm not... a pushover. right now, some in washington want to make a deal cutting the social security and medicare benefits we worked for. with billions in waste and loopholes, how could they look at us? maybe we seem like an easy target... until you realize... there are 50 mi
, failing to use the crosswalk. we will be talking to her exclusively this morning. >>> the big 40, the milestone birthday that makes people squirm. but now some women are seizing the day and giving it a brand new meaning. we're going to explore that further. >>> let's begin with the latest on that deadly shooting rampage in norway. nbc's martin fletcher is in oslo this morning. martin, good morning. >> reporter: good morning. anders breivik is in court right now being arraigned on charges of terrorism. meanwhile here at oslo cathedral, this has become the center of mourning. this drama is just what the confessed killer wants, christian war to defend europe against muslim domination. at noon local time today all of norway paused for a minute silence in memory of the victims who died for one man's obsession. ♪ and at sunday's memorial in the oslo cathedral, king harold and queen sonya cried with their people. a nation shocked, listening with horror to the survivors of the massacre. >> he looked like a police officer. he had all the clothes and the gun and everything. >> it was lik
of this award. it is a big surprise but we should have known a couple of months ago you are pretty good at this covert ops stuff. >>> it has been one day since president obama's news conference where he blasted congressional republicans for failing to strike a deal on raising the debt ceiling. now republicans are hitting back. sticking point in negotiations was the democratic push for raising taxes on wealthy americans. republicans say this is not an option. slamming the president on capitol hill yesterday. >> congress is not going to approve hundreds of billions of dollars in tax hikes. it's simply not going to happen. the president does not seem to get it. >> not to be reckless, not to give demagogic speeches like the president gave yesterday. disgraceful. he should be ashamed. >> now he says it isn't worth his time to come down to talk to republicans. i remember when he talked to republicans before and all we got was a lecture, so maybe if he would take a valium, calm down and come talk to us t might be helpful. >> wow. rhetoric continues on the senate floor with kentucky senator ran
son would have killed himself rather than slaughter dozens of people. >>> bp has a big turnaround. the company raked in more than $22 billion in profits for the quarter! >>> the debt, minute-by-minute, the nation inches closer to the brink of twault. the countdown less than seven full days before the federal government runs out of money and unable to pay its bills. in washington a stark message is delivered between the president and the speaker of the house. their parties are desperately divided and you and i are about to pay the price. we are covering all of the angles from wall street to the white house. ali velshi getting really creative and looking at the cost americans could face even before time officially runs out. of course, dan lothian with the politics and the posturing. ali, let's start with you. the markets open this hour, okay? how is the debt issue going to impact things today and the rest of the week? i know yesterday, you kept saying give me a little more time and i'll let you know when to worry but how many times can we say that? we are not worried yet. we are wat
from new york. two big stories this morning, the final space shuttle landing and dozens of people here in the united states believed to be dead because of this incredible heat wave. >>> let's start with the shuttle. we are now less than one hour away from the final space shuttle landing. just in the last half-hour, we got a go for landing from nasa. the deorbit burn took place in the last couple of minutes. in the burn, the shuttle's engines are fired to help it slow down before it hits the atmosphere. in less than 30 minutes the shuttle and crew will start to feel the effects of the atmosphere. they'll be about 80 miles above the earth at that point. as the shuttle comes through the atmosphere, it heats up to about 5,000 degrees on the outside. when it breaks through the atmosphere, many of the folks in florida will hear those famous son iic booms. about five minutes before the landing, the commander will take manual control of the shuttle and pilot it to the grounds. when the orbiter hits the runway, it will be going 220 miles an hour. the shuttle will land for the last time ever at
. however there is disagreement over that point, big disagreement over that point. >> the other thing we'll be looking at is of course whether or not there will be issue with the credit rating. we'll talk about that. rebecca thanks. chris? >> thank you. >>> there is news of another arrest in the widening phone hacking scandal in britain. rupert murdoch is being pressured to appear before lawmakers in london and washington. dana lewis is in london good morning. >> reporter: good morning, we're hearing a ninth person has been arrested in the phone hacking scandal, the former executive editor of the "news of the world," but the late breaking news here this morning is the british government committee has just issued a summons for rupert and james murdoch to appear before them to answer questions about what they knew in the phone hacking scandal but legally there is a serious question over whether they can be compelled to appear. damage control in high gear rupert murdoch and son james in london trying to find a way to put out the fire. news corp shut out "nut of the
thank you, richard. we'll begin right now. >>> the big story today, political poker, washington upping the ante. good afternoon, my name is dylan ratigan. nice to be seeing you. put on your poker face, my friends. president obama summoning congressional leaders back to the white house. first the democrats go with the -- the republicans shortly thereafter. they say they have a bipartisan proposal. we'll see how bernie sanders feels about it. it won't be done in time to raise the desert ceiling. all bets are on a short-term -- expect some sort of gang of six, reid/mcconnell hybrid deal. all you really need to know, whatever this deal is, it does nothing to address the structural causes of our deficit and joblessness from tax reform to trade reform to bank reform. instead you have politicians cutting things that are politically desirable for their constituents so that the politicians can try to keep their jobs while preventing us, the american people, from getting the structural improvements, banks trade, et cetera, that we all so desperately need. the pro wrestling continues. can
this is not a big deal? $800 million of aids has been suspended. >> both sides are working together on a number of things and pakistan is not happy with the pace of delivery of assistance. americans are not happy with the pace of delivery of certain deliverables from pakistan. it happens sometimes. right now because pakistan is a fledgling democracy and everything that happens there hits the media and there's an american domestic political context in which everything becomes an issue because of the way people react to your administration. this has become -- >> the reaction in pakistan to the u.s. decision to suspend at least for now $800 million in promised aid, a spokesman for the pakistani military saying in the past, we have not been dependent -- we have not been dependent on any external support for these operations. and they will. >> in 1999 there was no aid relationship. even though the u.s. and pakistan continued to work together albeit in a limited manner. it's not a good idea. it insults the people of pakistan. >> $800 million is a lot of money that can be used to build schools here in
Search Results 0 to 26 of about 27 (some duplicates have been removed)